Zurich in comparison with the most expensive cities in the world

High Rents, expensive Restaurants, services and transport tickets – the rising costs in Swiss cities regularly for excitement, particularly in Zurich. This year it is one of the most expensive cities in the world, a study by the prestigious economic newspaper "The Economist" shows. Place 1 share for the first Time ever, Singapore, Paris and Hong Kong. Just behind Zurich, which has lost in comparison to the previous year, two ranks, and Geneva, which jumped one place up to follow.

New York and Los Angeles were five years ago, still together at rank 39, now you have made it into the Top 10. This is mainly due to the resurgence of the dollar and the economy, as a result, prices in U.S. cities rose sharply. Yet Asian and European cities dominate the ranking of a total of 133 locations. For its assessment, The Economist has compared "the" prices of more than 150 products and services, including food, clothing, and the Coiffeur.

For a suit consisting of a Blazer and a Trouser, men in Zurich, according to the calculations is almost 652 US dollars, which corresponds to the Moment exactly the same number of Swiss francs. In comparison with the most expensive cities in the world, this is cheap. Except in Geneva, you will pay anywhere significantly more, especially in New York, where almost 2730 dollars is incurred.

For the food, it looks different: A bottle of beer (330 ml) costs in Zurich, super markets and speciality stores can be found in section 3.25 of dollars – only in New York, it is even more.

five years Ago, the beer was 2.4 dollars is still significantly cheaper. Bread has become more expensive since then. What do you value: How much is a kilogram of it costs in Zurich today?

Six other cities, higher prices, among other things, Geneva. In the South Korean metropolis of Seoul, the people have to pay over 15 dollars for a Kilo of bread. In Zurich there are an average of only 4.78 dollars or Swiss francs.

compared to The price for a Ladies haircut that is of course of little use. Also here in Zurich but it belongs to the best addresses, to Osaka and Seoul. New York is again the most expensive. Women pay on average 210 dollars for a hairdresser to visit.

according to The study, U.S. cities are among the most expensive when it comes to public institutions and to financial aid. In the two Swiss cities of Geneva and Zurich, the costs for the household, care products, recreational activities and entertainment are the highest.

Basically, The Economist notes, "" but a great deal of Consistency in prices in traditionally expensive cities like Paris, Singapore, Zurich, Geneva, Copenhagen or Hong Kong. "This is a Testament to the globalization and the increasing Similarity of tastes and Shopping habits," says Roxana Slavcheva, responsible for the study.

of Note, the strong decline in prices in popular tourist destinations such as Istanbul, Buenos Aires, Stockholm and Moscow. Debt, high Inflation or the devaluation of the national currency such as the Turkish Lira continued. Istanbul has lost in comparison to the previous year, 48 places in the Ranking, together with Buenos Aires more than any other city.

The cheapest cities in countries, however, where conflicts prevail: for example the Venezuelan metropolis of Caracas and Damascus in Syria. Venezuela is currently experiencing a strong political crisis, suffering from Hyperinflation and a collapse of the economy. There is generally a clear connection between the prices and the quality of life, writes "The Economist". Unfortunately, the cheapest cities are also often the ones that are the least worth living.

(editing Tamedia)

Created: 19.03.2019, 18:31 PM